Mainland Company Formation in Dubai by UAE's #1
Business Setup Consultants- Business Hub
Are you planning for a Mainland Company formation in Dubai? Is the Mainland License in
Dubai the best option for you? Do you have any doubts about which location will be best for
your company? If these are your worries, look no further because Business Hub has got you
covered.
How Do We Make The Process Simple?
A mainland company is an onshore company that has been licensed by the Department of
Economic Development (DED) of the corresponding emirate and is permitted to conduct
business in the local market as well as outside the UAE.
Companies from the mainland can engage in any type of industrial, commercial, trading,
professional, or tourism activity. Some professional activities are prohibited by DED’s
business regulations, while others require authorization from regulatory agencies.
Mainland turns out to be the most popular and practical option when it comes to company
formation in Dubai. This is because it offers the maximum benefits that the country has to
offer in terms of business formation.
However, for mainland companies, there are several rules to be followed during the
procedure.
One of them is that a UAE national must own at least 51 percent of the total stock in any
commercial company, save in the following situations:
• Activities that ensure 100 percent foreign ownership
• Companies based in Free Zones
• Businesses that allow for 100 percent local ownership
Local Partners and Agents
A local partner (Commercial and Industrial license) or a Local Service Agent (Professional
License) is required depending on the type of license.
A professional license is required when an individual or a group of individuals provide some
expert service and the business is 100 percent owned by the expatriate.
In administrative transactions with government departments, the local Service agent acts as
a representative. The local service agent does not own a share of the company and is
compensated for their services on a yearly basis.
Foreign investors may even start their business in a partnership where 51% ownership of
the company belongs to UAE nationals or choose a Sole Establishment company formation
to own 100% of shares.
However, certain business activities are reserved only for UAE nationals.
If you’re looking for a mainland Company formation in Dubai then you will need reputable
business people. Business Hub is a trusted name in town because we have adapted
ourselves to Dubai’s cutting-edge business environment. Mainland Business Setup in Dubai
may sound difficult, but it is not for us; as Business Setup Consultants, we can handle any
situation for you. Get in touch with us to say goodbye to all your worries.